In 2020 the Covid 19 pandemic and its economic and social ramifications hit the BACS market in every country of the world. BSRIA’s update assesses the impact of the crisis and also forecasts the time needed for different markets to recover, influenced by technical, economic, social and geographical factors. While some verticals have been severely hit, others offer new and improved opportunities.
The study also examines the trends which have continued through the pandemic, including the growing importance of software and analytics, convergence between different building services, the growth of IP, the cloud and the trend towards more generic and freely programmable controllers.
The study shows how the established suppliers are faring in the world’s main markets in response to the challenge of those trying to penetrate these markets.
Australia, China, France, Italy, United Arab Emirates, the UK and the USA. A World Overview (20 countries + estimates for the rest of the world) is also available.
For Detailed Information of the study please download Flyer